DALLAS, March 12, 2010 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring SMTC Corp. (Nasdaq:SMTX). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: http://www.stockpreacher.com/n/SMTX
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SMTC Corp. (SMTX) is a worldwide provider of advanced electronics manufacturing services (EMS) to original equipment manufacturers (OEMs). The Company's services include product design and sustaining engineering services, printed circuit board assembly (PCBA) production, enclosure fabrication and systems integration and comprehensive testing services. SMTX facilities span a broad footprint in the United States, Canada, Mexico and China, with more than 1,000 full time employees. Its services extend over the entire electronic product life cycle from the development and introduction of new products through the growth, maturity and end-of-life phases. The Company offers fully integrated contract manufacturing services with a distinctive approach to global OEMs and emerging technology companies primarily within industrial, computing and communication market segments.
Message Board Search for SMTX: http://www.boardcentral.com/boards/SMTX
In the report, the analyst notes:
"Having anticipated a difficult year, as several of its customers continued to experience end market weakness, SMTX launched a capacity and cost reduction plan last year that contained both strategic and tactical elements. As a result, the Company was able to reduce costs and substantially increase overall profitability and margins. While the macroeconomic conditions continue to impact demand, SMTX was encouraged by the 12.8% sequential improvement in revenues in the third quarter.
"Gaining greater benefit from the previous quarters' expense reduction initiatives and continuing cost containment measures, SMTX president and CEO John Caldwell stated that the Company produced strong fourth-quarter results with revenue and earnings from continuing operations increasing sequentially by 16% and more than 400%, respectively, above the third quarter of 2009."
To read the entire report visit: http://www.stockpreacher.com/n/SMTX
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